You borrowed $15,000 from a bank with the agreement that you repay the balance in 10 equal
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You borrowed $15,000 from a bank with the agreement that you repay the balance in 10 equal annual installments at an interest rate of 9%. What should be the required annual payment size?
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My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
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